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Public sector banks to get Rs 20,088 cr capital in a month

The government on Friday said R20,088 crore of capital would be infused in 13 public sector banks (PSBs) in a…

August 15, 2015 01:01 IST

India expects state banks to raise $12.3 bn to boost balance sheets

The Indian government expects public sector banks would be able to raise 800 billion rupees ($12.31 billion) from the markets…

August 14, 2015 18:16 IST

Govt seeks to give PSBs a Rs 70,000-crore lifeline in next 4 years

The government’s current proposal is to infuse Rs 25,000 crore each in this fiscal and the next (the PJ Nayak…

Updated: August 1, 2015 15:45 IST

Tax payers need to know how PSBs write-off bad loans: HC

According to information procured by RTI activist, Sanjay Shirodkar, around 14 PSUs such as SAIL, Coal India, and ONGC had…

June 24, 2015 08:19 IST

PSUs, Central depts to get Rs 1 cr per MW to set up solar units

The projects have to be implemented by 2017 and the PSUs and ministries would be free to use the power…

June 16, 2015 11:02 IST

FM Arun Jaitley admits public sector banks’ funds constraint

Public sector banks (PSB) that were, as per the latest Union Budget, to get fresh capital of R7,940 crore from…

June 13, 2015 01:06 IST

Banking on a better tomorrow: Public sector banks scout for a survival kit

With private sector banks leading in fees, retail loans, savings and current accounts, public sector banks have a tough fight…

Updated: June 8, 2015 01:16 IST

Keeping fingers crossed on bad loans: Arun Jaitley

Arun Jaitley said it was important to expedite the recapitalisation of PSBs.

May 23, 2015 01:46 IST

7 PSBs get finmin nod to raise funds from markets

Govt has limited fiscal space to recapitalise banks, says secretary

March 12, 2015 01:51 IST

Narendra Modi, Narendra Modi govt, narendra modi private sector banks, public sector banks, private sector banks

Narendra Modi govt signals private-sector bosses could run PSU banks

PM Narendra Modi government, which is seeking new chief executives for five state-run banks that are currently without a permanent…

February 26, 2015 20:39 IST

Govt committed to work for betterment of every citizen: Arun Jaitley

Expressing happiness over the conclusion of 10th bipartite wage negotiations between Public Sector Banks…

February 24, 2015 16:14 IST

PSBs generate Rs 21,700 cr bad loans in three months

Rising NPAs: 11.6% of loan portfolios are considered stressed assets.

February 22, 2015 08:25 IST

Government to infuse Rs 6,990 crore in 9 PSBs; SBI leads the pack

Government will soon infuse Rs 6,990 crore in nine public sector banks including SBI…

February 7, 2015 15:45 IST

NPA turnaround needs PE involvement

Private equity funds could provide the financial and intellectual capital that NPAs need

February 5, 2015 03:26 IST

Unions’ threats may create hurdles for Narendra Modi-Government’s public sector bank reform push

As the Narendra Modi Government prepares the ground for reforms in public sector banks, with a blue print prepared by…

January 4, 2015 10:42 IST

Cabinet nod to market fund raising by PSBs, cut govt stake to 52%

The government today allowed public sector banks to raise up to Rs 1.60 lakh crore from markets…

December 10, 2014 23:28 IST

PSU banks account for over 90 pct of total bad loans in FY’14

Public sector banks accounted for over 90 per cent of total non-performing assets (NPAs) that the banking…

November 25, 2014 21:01 IST

Getting the right PSB heads

In an environment of global competition, the selection process should be opened up to willing senior officials from private and…

Updated: November 21, 2014 15:38 IST

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